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Livermore
Livermore
ZHEN

XTX Topco Ltd

SEC CIK
0001828301
Latest filing
Aug 14, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
3,255
+766 vs. Q3 2025
Portfolio value
$3.81B
+$1.88B (+97.8%) vs. Q3 2025
Filed
Feb 17, 2026
SEC
Holdings of XTX Topco Ltd in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
PGProcter & Gamble CoStock194,429$27.9M0.7%+173,647+835.6%AddedHistory
JPMJPMorgan Chase & CoStock80,927$26.1M0.7%+70,092+646.9%AddedHistory
NVDANVIDIA CorpStock134,487$25.1M0.7%+21,056+18.6%AddedHistory
SPYSPDR S&P 500 ETF TrustETF35,938$24.5M0.6%+29,184+432.1%AddedHistory
AAPLApple Inc.Stock79,600$21.6M0.6%+56,198+240.1%AddedHistory
CMECME Group Inc.COM73,956$20.2M0.5%+33,194+81.4%AddedHistory
KRKroger CoStock277,580$17.3M0.5%+273,047+6,023.5%AddedHistory
TAT&T Inc.Stock675,689$16.8M0.4%+528,321+358.5%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF46,771$15.7M0.4%+46,771New–
TMUST-Mobile US, Inc.Stock74,738$15.2M0.4%+74,738NewHistory
FCNCAFirst Citizens Bancshares IncCL A6,703$14.4M0.4%+4,861+263.9%AddedHistory
SPGIS&P Global Inc.Stock26,829$14.0M0.4%+26,829NewHistory
ACIAlbertsons Companies, Inc.COMMON STOCK790,089$13.6M0.4%+753,557+2,062.7%AddedHistory
ORLYO Reilly Automotive IncStock140,632$12.8M0.3%+109,843+356.8%AddedHistory
OBDCBlue Owl Capital CorpCOM934,403$11.6M0.3%+934,403NewHistory
TAPMolson Coors Beverage CoCL B236,823$11.1M0.3%+214,329+952.8%AddedHistory
ETNEaton Corp plcStock33,910$10.8M0.3%+33,910NewHistory
AAgilent Technologies, Inc.COM78,256$10.6M0.3%+78,256NewHistory
PYPLPayPal Holdings, Inc.Stock181,062$10.6M0.3%+159,810+752.0%AddedHistory
BACBank of America CorpStock192,004$10.6M0.3%+165,338+620.0%AddedHistory
FYBRFrontier Communications Parent, Inc.COM266,442$10.1M0.3%+251,780+1,717.2%AddedHistory
ORealty Income CorpREIT179,632$10.1M0.3%+155,804+653.9%AddedHistory
DBXDropbox, Inc.CL A363,777$10.1M0.3%+262,472+259.1%AddedHistory
AVGOBroadcom Inc.Stock28,796$9.97M0.3%+24,997+658.0%AddedHistory
MDLZMondelez International, Inc.Stock182,025$9.80M0.3%+182,025NewHistory
ARCCAres Capital CorpCEF482,915$9.77M0.3%+482,915NewHistory
DOCUDocuSign, Inc.Stock140,997$9.64M0.3%+108,241+330.4%AddedHistory
NVRNVR IncCOM1,317$9.60M0.3%+1,081+458.1%AddedHistory
DISWalt Disney CoStock83,911$9.55M0.3%+49,140+141.3%AddedHistory
TRVTravelers Companies, Inc.Stock32,507$9.43M0.2%+32,507NewHistory
ADBEAdobe Inc.Stock26,929$9.42M0.2%+24,353+945.4%AddedHistory
RITMRithm Capital Corp.REIT856,883$9.34M0.2%+845,553+7,463.0%AddedHistory
AMPAmeriprise Financial IncCOM18,895$9.26M0.2%+8,298+78.3%AddedHistory
AFLAflac IncStock82,366$9.08M0.2%+82,366NewHistory
VSTVistra Corp.Stock55,517$8.96M0.2%+55,517NewHistory
Invesco QQQ Trust Series I46090E103ETF14,545$8.94M0.2%−13,059−47.3%Reduced–
NTNXNutanix, Inc.Stock168,956$8.73M0.2%+149,251+757.4%AddedHistory
XELXcel Energy IncStock115,733$8.55M0.2%+87,384+308.2%AddedHistory
PFEPfizer IncStock342,375$8.53M0.2%+342,375NewHistory
WTWWillis Towers Watson PLCSHS25,924$8.52M0.2%+25,924NewHistory
IBNIcici Bank LtdADR284,203$8.47M0.2%+194,806+217.9%AddedHistory
CCICrown Castle Inc.REIT94,400$8.39M0.2%+94,400NewHistory
AMZNAmazon Com IncStock36,302$8.38M0.2%+13,187+57.0%AddedHistory
UBERUber Technologies, IncStock102,546$8.38M0.2%+52,119+103.4%AddedHistory
MUFGMitsubishi Ufj Financial Group IncSPONSORED ADS526,856$8.36M0.2%+462,148+714.2%AddedHistory
FDSFactset Research Systems IncStock28,728$8.34M0.2%+26,874+1,449.5%AddedHistory
COPConocoPhillipsStock88,474$8.28M0.2%+81,529+1,173.9%AddedHistory
DOWDow Inc.Stock350,576$8.20M0.2%+350,576NewHistory
MPCMarathon Petroleum CorpStock50,390$8.19M0.2%+38,886+338.0%AddedHistory
EGEverest Group, Ltd.COM24,075$8.17M0.2%+24,075NewHistory
NWSANews CorpCL A310,109$8.10M0.2%+264,491+579.8%AddedHistory
ZGZillow Group, Inc.CL A117,388$8.01M0.2%+117,388NewHistory
WBDWarner Bros. Discovery, Inc.Stock276,794$7.98M0.2%+195,347+239.8%AddedHistory
AMTAmerican Tower CorpREIT45,004$7.90M0.2%+7,619+20.4%AddedHistory
DTDynatrace, Inc.Stock182,295$7.90M0.2%+115,718+173.8%AddedHistory
REXRRexford Industrial Realty, Inc.COM199,747$7.73M0.2%+190,927+2,164.7%AddedHistory
CMGChipotle Mexican Grill IncCOM208,357$7.71M0.2%+183,967+754.3%AddedHistory
MSFTMicrosoft CorpStock15,625$7.56M0.2%+5,719+57.7%AddedHistory
ETREntergy CorpCOM81,487$7.53M0.2%+81,487NewHistory
LMTLockheed Martin CorpStock15,394$7.45M0.2%+15,394NewHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 115,471$7.43M0.2%+14,200+1,117.2%AddedHistory
ALLAllstate CorpStock35,358$7.36M0.2%+29,252+479.1%AddedHistory
WDAYWorkday, Inc.CL A33,886$7.28M0.2%+27,988+474.5%AddedHistory
CNHCNH Industrial N.V.SHS772,873$7.13M0.2%+720,572+1,377.7%AddedHistory
PLTRPalantir Technologies Inc.Stock39,710$7.06M0.2%+21,262+115.3%AddedHistory
FSKFS KKR Capital CorpCOM476,236$7.05M0.2%+476,236NewHistory
HXLHexcel CorpCOM91,778$6.78M0.2%+91,778NewHistory
NOWServiceNow, Inc.Stock43,705$6.70M0.2%+41,955+2,397.4%AddedConverted for a 5-for-1 splitHistory
MORNMorningstar, Inc.COM30,112$6.54M0.2%+27,392+1,007.1%AddedHistory
RJFRaymond James Financial IncCOM40,621$6.52M0.2%+35,333+668.2%AddedHistory
DOCSDoximity, Inc.CL A146,782$6.50M0.2%+137,623+1,502.6%AddedHistory
MUMicron Technology IncStock22,648$6.46M0.2%+19,594+641.6%AddedHistory
AGCOAGCO CorpCOM61,070$6.37M0.2%+61,070NewHistory
ACNAccenture plcStock23,680$6.35M0.2%+20,787+718.5%AddedHistory
ABTAbbott LaboratoriesStock50,123$6.28M0.2%+18,560+58.8%AddedHistory
BKNGBooking Holdings Inc.Stock1,166$6.24M0.2%+1,166NewHistory
ACMAecomCOM65,494$6.24M0.2%+51,977+384.5%AddedHistory
Cyberark Software LtdM2682V108SHS13,956$6.23M0.2%+4,898+54.1%Added–
MMM3M CoStock38,634$6.19M0.2%+7,245+23.1%AddedHistory
VICIVici Properties Inc.COM219,721$6.18M0.2%+212,416+2,907.8%AddedHistory
HPQHP IncStock274,943$6.13M0.2%+238,515+654.8%AddedHistory
VVisa Inc.Stock17,456$6.12M0.2%+13,237+313.7%AddedHistory
LUVSouthwest Airlines CoCOM147,900$6.11M0.2%+147,900NewHistory
VALEVale S.A.SPONSORED ADS467,887$6.10M0.2%+392,656+521.9%AddedHistory
MGMMGM Resorts InternationalStock166,878$6.09M0.2%+158,986+2,014.5%AddedHistory
DEDeere & CoStock13,074$6.09M0.2%+10,469+401.9%AddedHistory
ZMZoom Communications, Inc.Stock70,133$6.05M0.2%+26,830+62.0%AddedHistory
NXPINXP Semiconductors N.V.COM27,715$6.02M0.2%+27,715NewHistory
OXYOccidental Petroleum CorpStock145,714$5.99M0.2%+145,714NewHistory
DEODiageo PLCSPON ADR NEW68,940$5.95M0.2%+64,581+1,481.6%AddedHistory
CCitigroup IncStock50,836$5.93M0.2%+15,065+42.1%AddedHistory
AMATApplied Materials IncStock23,014$5.91M0.2%+222+1.0%AddedHistory
VMCVulcan Materials COCOM20,582$5.87M0.2%+20,582NewHistory
AXSMAxsome Therapeutics, Inc.COM31,854$5.82M0.2%+30,015+1,632.1%AddedHistory
LYBLyondellBasell Industries N.V.SHS - A -132,988$5.76M0.2%+124,901+1,544.5%AddedHistory
SPOTSpotify Technology S.A.Stock9,913$5.76M0.2%+9,913NewHistory
CYTKCytokinetics IncCOM NEW90,579$5.76M0.2%+86,589+2,170.2%AddedHistory
BLDQXO Insulation, LLCStock13,647$5.69M0.1%+13,647NewHistory
KHCKraft Heinz CoStock234,526$5.69M0.1%+234,526NewHistory
CHEChemed CorpCOM13,030$5.58M0.1%+12,425+2,053.7%AddedHistory

Sold out since Q3 2025 (734)

Positions held at the end of Q3 2025 that are gone from this filing.

The largest 100 of 734 by value last quarter.

Positions of XTX Topco Ltd sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
JNJJohnson & JohnsonStock60,929$11.3M0.6%History
TMOThermo Fisher Scientific Inc.Stock17,368$8.42M0.4%History
AIGAmerican International Group, Inc.Stock90,817$7.13M0.4%History
ARESAres Management CorpCL A COM STK37,508$6.00M0.3%History
ECLEcolab Inc.Stock20,396$5.59M0.3%History
RPRXRoyalty Pharma plcSHS CLASS A145,144$5.12M0.3%History
FSLRFirst Solar, Inc.Stock20,377$4.49M0.2%History
LITELumentum Holdings Inc.COM24,402$3.97M0.2%History
VRTXVertex Pharmaceuticals IncStock9,690$3.79M0.2%History
iShares Tr464288513IBOXX HI YD ETF45,740$3.71M0.2%–
CTSHCognizant Technology Solutions CorpCL A55,358$3.71M0.2%History
NDAQNasdaq, Inc.COM38,587$3.41M0.2%History
MRKMerck & Co., Inc.Stock39,536$3.32M0.2%History
SPDR Series Trust78464A714ST STR SP RETAIL37,550$3.24M0.2%–
NTRNutrien Ltd.COM53,309$3.13M0.2%History
ABNBAirbnb, Inc.Stock25,417$3.09M0.2%History
TRIThomson Reuters CorpCOM NO PAR19,576$3.04M0.2%History
PPCPilgrims Pride CorpStock73,694$3.00M0.2%History
State Street Materials Select Sector SPDR ETF81369Y100ETF32,706$2.93M0.2%–
HUMHumana IncStock11,030$2.87M0.1%History
KKellanovaStock34,684$2.84M0.1%History
iShares Tr464288760US AER DEF ETF13,389$2.80M0.1%–
RIVNRivian Automotive, Inc.Stock188,944$2.77M0.1%History
FNBFNB CorpCOM169,585$2.73M0.1%History
iShares Tr464287721U.S. TECH ETF13,811$2.71M0.1%–
DRIDarden Restaurants IncCOM14,074$2.68M0.1%History
CORCencora, Inc.Stock8,260$2.58M0.1%History
BBarrick Mining CorpStock73,808$2.42M0.1%History
ULUnilever PLCSPON ADR NEW39,484$2.34M0.1%History
APOApollo Global Management, Inc.COM17,246$2.30M0.1%History
ARMArm Holdings PLCADR16,005$2.26M0.1%History
DUOLDuolingo, Inc.CL A COM6,873$2.21M0.1%History
GPIGroup 1 Automotive IncCOM5,015$2.19M0.1%History
UBSUBS Group AGStock52,351$2.15M0.1%History
FTVFortive CorpStock43,428$2.13M0.1%History
GENGen Digital Inc.Stock74,284$2.11M0.1%History
CTRECareTrust REIT, Inc.COM59,371$2.06M0.1%History
TRUTransUnionCOM24,244$2.03M0.1%History
State Street Technology Select Sector SPDR ETF81369Y803ETF7,174$2.02M0.1%–
MKLMarkel Group Inc.COM1,039$1.99M0.1%History
LPXLouisiana-Pacific CorpCOM22,096$1.96M0.1%History
DTMDT Midstream, Inc.COMMON STOCK17,193$1.94M0.1%History
ALEAllete IncCOM NEW28,936$1.92M0.1%History
PFGPrincipal Financial Group IncCOM22,815$1.89M0.1%History
COFCapital One Financial CorpStock8,714$1.85M0.1%History
AMPXAmprius Technologies, Inc.COMMON STOCK173,005$1.82M0.1%History
RLRalph Lauren CorpCL A5,776$1.81M0.1%History
NVTSNavitas Semiconductor CorpCOM241,602$1.74M0.1%History
Direxion Shs ETF Tr25459W847DLY SMCAP BULL3X38,528$1.74M0.1%–
TGTXTG Therapeutics, Inc.COM47,918$1.73M0.1%History
FTAIFTAI Aviation Ltd.SHS10,291$1.72M0.1%History
APGAPi Group CorpCOM STK49,499$1.70M0.1%History
OPLNOPENLANE, Inc.COM58,208$1.68M0.1%History
NVSTEnvista Holdings CorpCOM81,347$1.66M0.1%History
ENVXEnovix CorpCOM166,069$1.66M0.1%History
IFFInternational Flavors & Fragrances IncCOM26,803$1.65M0.1%History
TSNTyson Foods, Inc.Stock30,343$1.65M0.1%History
SPRSpirit AeroSystems Holdings, Inc.COM CL A42,316$1.63M0.1%History
SBRASabra Health Care REIT, Inc.REIT87,460$1.63M0.1%History
FASTFastenal CoStock33,140$1.63M0.1%History
PRIMPrimoris Services CorpStock11,588$1.59M0.1%History
iShares Tr464287739U.S. REAL ES ETF16,364$1.59M0.1%–
GNRCGenerac Holdings Inc.Stock9,438$1.58M0.1%History
SAILSailPoint, Inc.COM71,408$1.58M0.1%History
NXSTNexstar Media Group, Inc.COMMON STOCK7,930$1.57M0.1%History
PLUGPlug Power IncStock672,184$1.57M0.1%History
HALOHalozyme Therapeutics, Inc.COM21,340$1.57M0.1%History
iShares Tr464287515EXPANDED TECH13,559$1.56M0.1%–
INFAInformatica Inc.COM CL A62,359$1.55M0.1%History
ONDSOndas Inc.COM NEW200,248$1.55M0.1%History
RIORio Tinto PLCADR23,345$1.54M0.1%History
GIBCgi IncCL A17,209$1.53M0.1%History
CLColgate Palmolive CoStock19,150$1.53M0.1%History
Sandstorm Gold Ltd Com New80013R206Stock120,502$1.51M0.1%–
TXRHTexas Roadhouse, Inc.COM9,046$1.50M0.1%History
VBTXVeritex Holdings, Inc.COM44,721$1.50M0.1%History
JKHYJack Henry & Associates IncStock9,970$1.48M0.1%History
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF18,850$1.48M0.1%–
CNCCentene CorpStock41,343$1.48M0.1%History
GLXYGalaxy Digital Inc.CL A43,368$1.47M0.1%History
Direxion Daily Semiconductor Bear 3X Shares25460G112ETF282,641$1.46M0.1%–
BTSGBrightSpring Health Services, Inc.COM48,775$1.44M0.1%History
LBRDKLiberty Broadband CorpCOM SER C22,683$1.44M0.1%History
DOVDOVER CorpCOM8,619$1.44M0.1%History
HBMHudbay Minerals Inc.COM93,338$1.42M0.1%History
HRBH&R Block IncCOM27,529$1.39M0.1%History
PAYXPaychex IncStock10,958$1.39M0.1%History
iShares Tr464287184CHINA LG-CAP ETF33,551$1.38M0.1%–
FLSFlowserve CorpCOM25,536$1.36M0.1%History
ASPIASP Isotopes Inc.COM139,782$1.34M0.1%History
NEGGNewegg Commerce, Inc.COM32,015$1.34M0.1%History
APPAppLovin CorpCOM CL A1,868$1.34M0.1%History
PLPlanet Labs PBCCOM CL A102,533$1.33M0.1%History
CECOCeco Environmental CorpCOM25,940$1.33M0.1%History
MMYTMakeMyTrip LtdStock14,023$1.31M0.1%History
PINCPremier, Inc.CL A46,762$1.30M0.1%History
ROLRollins IncCOM21,834$1.28M0.1%History
AONAon plcCL A3,558$1.27M0.1%History
ADMAAdma Biologics, Inc.COM86,503$1.27M0.1%History
WMWaste Management IncStock5,592$1.23M0.1%History